Sorry! I don't really want to go through 100 pages of the official PACMIC thread to find this answer. Does anyone know the profitability of pacmic v4 contracts? Please answer, and please don't state that I could find this easier on another part of the forum as I know this!
Thank You:
Jack G
not a good deal they cost a lot 1th = 1btc
interest is poor 4.5 percent that descends downward.
I made good money on pacmic v3 and choose to spend 0 btc on pacmic v4
the worst problem of them is they can cancel the contract after 120 days + 10 or 130 days.
if prices don't profit. since they will not be paid off that quickly anytime after day 130 they could say fuck you and you agreed to it.
First of all, thank you for the fast reply to my post with information that seems accurate.
I think, with this new information, that I should look to getting antminer S5 or S7 TH/s contracts at the market section as I can get that, if I bid right, for under 1 btc! (In a few months)
Thank you for your help!
Jack G